POSB provides a way to invest passively to build your wealth
Introduction
It has always been the case that it is difficult for the average folk to build wealth in a sensible manner.
The general consensus is that to build wealth you need to
- invest in properties
- speculate in stocks
- find get rich quick schemes
- get into banking line to get a fat paycheck
- start a business
- Seldom is it mentioned that equities is also a way of building wealth.
- This week POSB have released a rather good idea in the
- :
...POSB has rolled out a regular savings plan for working Singaporeans over the age of 18 to build their retirement funds through investment.
With POSB Invest-Saver, savings and current account holders put a minimum of $100 a month into the Nikko AM Singapore STI ETF, an exchange traded fund managed by Nikko Asset Management Asia which ...
